|Bid||15.83 x 0|
|Ask||15.85 x 0|
|Day's Range||15.77 - 15.85|
|52 Week Range||4.50 - 17.00|
|Beta (3Y Monthly)||0.54|
|PE Ratio (TTM)||N/A|
|Earnings Date||Sep. 12, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||16.25|
Created in 2003 by RECYC-QUÉBEC, this official Government of Quebec recognition acknowledges initiatives by industries, businesses and institutions that have implemented responsible waste management measures. "We are very proud to receive this honour, which we owe to the commitment of our employees, who for many years have endeavoured to reduce their day-to-day environmental impact," said Annick Guérard, Transat's Chief Operating Officer.
MONTREAL, Nov. 4, 2019 /CNW Telbec/ - Air Transat, named the World's Best Leisure Airline at the Skytrax World Airline Awards for a second straight year, had its inaugural direct flight from Montreal to New Orleans yesterday. It became the only airline to offer a direct flight between YUL Montréal-Trudeau International Airport and Louis Armstrong New Orleans International Airport. To mark the first flight, the 157 passengers on flight TS998 were greeted at the Montreal airport before departure by Jean-François Lemay, President-General Manager of Air Transat, Joseph Adamo, Chief Distribution Officer of Transat, and Stéphane Lapierre, Vice President, Airport Operations and Air Services Development of Aéroports de Montréal.
MONTREAL, Oct. 31, 2019 /CNW Telbec/ - Air Transat is proud to announce that the new meals of the winter 2019-2020 Gourmet menu by Chef Daniel Vézina are available for pre-order by passengers flying in Economy Class as of November 1. As always, the Gourmet menu will feature two options for breakfast and six for lunch/dinner.
More flights to Europe from Montreal and Toronto Enhanced offering to South destinations Introduction of additional Airbus A321neoLRs to the fleet MONTREAL , Oct. 25, 2019 /CNW Telbec/ - Air Transat, named ...
On its website, the tour operator has an all-new section entirely devoted to families, at transat.com/family. It has useful information such as offers and promotions under way, hotel profiles, recommendations based on interests and suggestions for excursions. Air Transat makes travel easier for families, with advantages such as direct flights, attentive staff, exclusive check-in counters and priority boarding for families with young children. The Kids Club welcomes mini-globetrotters aged 2 to 11 for free and gives them a membership kit filled with customizable travel goodies. And everyone is invited to keep an eye out for one of the planes adorned with the Kids Club smile and googlie eyes.
MONTREAL, Oct. 15, 2019 /CNW Telbec/ - Air Transat, named the World's Best Leisure Airline by Skytrax, will launch the only direct flight between Montreal and San Diego, California, in the summer of 2020. In addition, in light of the great interest in New Orleans, a new destination Air Transat will be offering for the first time this winter, the airline will extend its flights to the summer of 2020.
MONTREAL, Oct. 1, 2019 /CNW Telbec/ - Air Transat, recently named the World's Best Leisure Airline by Skytrax for the second year in a row, is pleased to announce that it will offer direct flights between Montreal and Copenhagen, Denmark, next summer. Passengers will fly on the Airbus A321neoLR, a next-generation aircraft recently added to the Air Transat fleet that delivers an improved inflight experience. "Air Transat is proud to be the only air carrier to offer non-stop service to Copenhagen out of Montreal," says Annick Guérard, Chief Operating Officer, Transat.
Building a million dollar RRSP might be difficult, but it’s not impossible even if you start at 40. Play it smart and invest in stocks like Air Canada (TSX:AC).
TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange:Toronto Stock Exchange (16,867.20, down 32.49 points).Canadian Natural Resources Ltd. (TSX:CNQ). Energy. Up 18 cents, or 0.49 per cent, to $36.63 on seven million shares.Nemaska Lithium Inc. (TSX:NMX). Materials. Down 3.5 cents, or 12.5 per cent, to 24.5 cents on 6.8 million shares.First Quantum Minerals Ltd. (TSX:FM). Materials. Down $1.18, or 9.66 per cent, to $11.03 on 6.5 million shares.Encana Corp. (TSX:ECA). Energy. Up 15 cents, or 2.3 per cent, to $6.68 on 6.1 million shares.Kinross Gold Corp. (TSX:K). Materials. Up 22 cents, or 3.2 per cent, to $7.10 on 5.8 million shares.Aurora Cannabis Inc. (TSX:ACB). Health care. Up five cents, or 0.75 per cent, to $6.72 on 5.3 million shares. Companies in the news:Transat Inc. (TSX:TRZ). Down six cents to $15.13. Transat Inc. could face fallout from the collapse of Thomas Cook Group Plc after a partnership between the companies died Monday. The tour operator, which runs Air Transat, was in the second year of a seven-year deal to exchange aircraft with the British company's airline on a seasonal basis. The Montreal-based Transat was slated to receive at least seven jetliners from Thomas Cook this fall, but "the partnership is dead because the company no longer exists," spokesman Christophe Hennebelle said. He said Transat, which is working to complete its takeover by Air Canada next year, is "confident" the Airbus A321 planes will still come through, but is making contingency plans.First Quantum Minerals Ltd. — First Quantum Minerals Ltd. says it's in talks regarding a potential sale of a minority interest in its Zambian copper assets. However, the Canadian miner says it has not held any talks regarding a takeover of the company. The comments follow speculation last week about a possible bid for the company by Chinese mining company Jiangxi Copper Corp. Ltd. Shares in the company rose late last week following reports citing unidentified sources regarding takeover interest in the company. However, First Quantum says it has not engaged in any discussions regarding a takeover bid or other change of control transaction and has no knowledge of potential takeover bids.Osisko Gold Royalties Ltd. (TSX:OR). Down $1.62 or 9.96 per cent to $14.64. Shares in Osisko Gold Royalties Ltd. fell Monday after it announced a deal to buy the shares of Barkerville Gold Mines Ltd. it doesn't already own. Osisko, which has a 32.6 per cent stake in Barkerville, says the deal will give it a larger role in advancing and developing Barkerville's Cariboo gold project in British Columbia. The Montreal-based mining company also announced it was creating the North Spirit Discovery Group to privatize and surface value in resource development projects. Osisko shares slipped to as little as $14.59 from Friday's close of $16.26 after it announced it would issue 0.0357 of a common share of Osisko for each Barkerville share.Canadian Utilities Ltd. (TSX:CU). Down 13 cents to $38.79. Canadian Utilities Ltd. says seven Indigenous communities have accepted its invitation to take a 40 per cent interest in a power transmission line between Edmonton and Fort McMurray in northern Alberta. The Calgary-based utility company and its partner Quanta Services Inc. announced in June they had signed a deal to sell Alberta PowerLine for about $300 million and the assumption of $1.4 billion of debt to a consortium including TD Greystone Asset Management. As part of the sale, Indigenous communities along the transmission line route were given the chance to buy up to a 40 per cent combined equity interest, with the final ownership mix based on acceptance.DHX Media Ltd. (TSX:DHX). Up 18 cents or 11 per cent to $1.81. DHX Media Ltd. is changing its corporate name to WildBrain, the name of its child-focused YouTube business, which will be renamed WildBrain Spark. DHX chief executive Eric Ellenbogen, the former head of Marvel Enterprises, also announced there will be a reorganization of the business to have a more simplified structure as it works to grow its audience while managing a large corporate debt. Ellenbogen, who was named chief executive at DHX last month, said that it's not news that the company has faced "some considerable challenges" in recent years, but the changes Monday and others ahead will "set the stage for a path forward." This report by The Canadian Press was first published Sept. 23, 2019.The Canadian Press
MONTREAL — Transat AT Inc.'s third-quarter net loss more than doubled from the same time last year as the tour operator worked to complete its takeover by Air Canada.The Montreal-based company lost $11.0 million in the quarter ended July 31 versus its $5.0-million net loss the year prior.The push to close Transat's sale to Air Canada heaped on an extra $14 million in costs in its third quarter, including $6 million in professional fees and $7.7 million in stock-based compensation for executives.Offsetting part of the expense were more travellers opting to book last-minute flights — typically pricier than long-term bookings — in a "surprising" trend that boosted revenue per passenger, chief operating officer Annick Guerard said."I think that was an important difference that we saw, which allowed us, of course, to increase load factors, but as well to increase pricing," Guerard said on a conference call with investors Thursday. "I don't know if it's going to continue like this in Europe for the months to come, but for September this is what we're still seeing."Transatlantic passenger traffic — key in the late-spring and summer months when sun-destination trips drop off — rose more than four per cent year over year last quarter to help boost revenue to $698.9 million, up from $664.6 million a year earlier.Guerard said the ongoing grounding of the Boeing 737 Max, which has forced airlines such as Air Canada and WestJet Airlines Ltd. to fall back on less fuel-efficient planes and spend more on aircraft leases, has not worked to the advantage of Transat, which has no Max jets in its fleet."They have been able to look for alternate solutions to replace that capacity in most of the markets where we compete," Guerard said of rival carriers.The $720-million Air Canada deal, approved last month by 94.7 per cent of Transat shareholders, faces intense scrutiny from regulators eyeing the impact of an acquisition that will see the country's largest carrier control at least 60 per cent of transatlantic air travel from Canada.Transport Canada has said it will conclude its assessment of the transaction by May 2, 2020.Transat, which saw a Quebec court sign off on the agreement in August, expects the $18-per-share purchase to close by the second quarter of the 2020 calendar year if the required regulatory approvals are obtained and conditions are met."We're very satisfied with the strong support received from our shareholders and the final approval of the arrangement plan," chief executive Jean-Marc Eustache said in a statement. Companies in this story: (TSX:TRZ, TSX:AC, TSX:WJA)The Canadian Press
The Corporation took delivery of its first two Airbus A321neoLRs. Arrangement plan with Air Canada to acquire the Corporation approved by 94.7% of the shareholders on August 23 and through the issuance of a final approval order by the Superior Court of Québec on August 28.
MONTREAL , Sept. 5, 2019 /CNW Telbec/ - Transat A.T. Inc. , a leading integrated international tourism company specializing in holiday travel and active in air transportation, accommodation, travel packaging ...
MONTREAL, Aug. 29, 2019 /CNW Telbec/ - Transat A.T. Inc. ("Transat") today announced that the Superior Court of Quebec has issued a final order approving the previously announced plan of arrangement with Air Canada (the "Arrangement"). The Arrangement was also approved by 94.77% of shareholders present in person or by proxy at the special meeting of Transat held on August 23, 2019. The Arrangement is still subject to certain closing conditions, including regulatory approvals described in Transat's management information circular dated July 19, 2019, as well as other customary closing conditions.
Air Canada (TSX:AC)(TSX:AC.B) will become an even bigger player in the industry if its deal to acquire Transat AT Inc. (TSX:TRZ) is approved, and that could have a significant impact on competition.
Air Canada’s (AC) proposed takeover of Transat A.T. Inc. (TRZ.TO) raises issues issues related to public interest and requires additional time to conduct a thorough analysis, says Canada’s Transport Minister.
MONTREAL, Aug. 23, 2019 /CNW Telbec/ - Transat A.T. Inc. ("Transat") is pleased to announce that, at the special meeting of its shareholders (the "Shareholders") held today (the "Meeting"), a significant majority of Shareholders voted in favour of the special resolution (the "Arrangement Resolution") approving the previously announced plan of arrangement under Section 192 of the Canada Business Corporations Act pursuant to which Air Canada will acquire all of the issued and outstanding Class A variable voting shares and Class B voting shares of Transat (together, the "Shares") for $18.00 per Share in cash (the "Arrangement"). Shareholders carrying an aggregate of 26,530,771 votes, representing approximately 70.28% of votes entitled to be cast at the Meeting, were represented in person or by proxy at the Meeting.
MONTRÉAL, Aug. 23, 2019 /CNW Telbec/ - During the special meeting of shareholders of Transat A.T. ("Transat") (TSX:TRZ.TO - News) on August 23, 2019, the Fonds de solidarité FTQ (the "Fonds") voted in favour of the plan of arrangement announced on June 27, 2019 and amended on August 11, 2019. A partner of Transat since 1990, the Fonds has always supported the company in its growth. Through thick and thin, Fonds shareholders' savings supported Transat, particularly in the months following 9/11 and during the 2008-2009 financial crisis.